XPL has fallen from a high of 1.69 down to 0.14, a tenfold decrease. Such a decline is tough for any token. However, recently there are some signs of stability, and it’s no longer crashing downward.

But the problem is clear—Plasma’s airdrop quantity is too large. This directly causes selling pressure to hang over the market. If you receive an airdrop and immediately sell, it’s essentially self-destructive for the entire ecosystem. The original intention of the airdrop was to activate the community, but it has instead become a tool for quick profit, which is a waste.

Interestingly, the Plasma community still insists on doing airdrops. They know full well that this will put downward pressure on the price, yet they continue to distribute tokens to creators and community members. Honestly, this persistence is commendable, even if it’s extremely difficult.

Want to truly boost the price of XPL? Relying solely on community goodwill isn’t enough. Airdrops need to have practical use; recipients shouldn’t just think about cashing out. More importantly, Plasma needs to build a stronger infrastructure. When the infrastructure is solid, the token will have real use cases, and its long-term value can be realized. This isn’t something that happens overnight, but the right direction must be followed.